Taxes
- Assessed Value: $12,750
- Assessed Year: 2025
- Assessed County: Sussex
- APN: 335-8.08-11.01-7
- Market Land Value: 75800
- Tax Amount: 1325.06
- Tax Year: 2025
- Market Value: 627400
- Market Year: 2025
7 Margate Ct; Lewes, DE Property Details
Off market
7 Margate Ct Lewes, DE 19958
$12,750 Estimated Value
2 Beds
1,050 SqFt
Property Type
CondominiumProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1989
- Purchase Price: $135,000
- Est. Equity / %: $664,000 / 100%
- Gross Yield: 7.795%
- APN: 335-8.08-11.01-7
- Situs County: Sussex
- Length Of Ownership: 27 years, 3 months
Rooms
- Bedrooms: 2
- Total Rooms: 5
Structure
- Stories: 1
- Building Quality: C
Measurements
- Total: 1,050/SqFt
- Lot: 2,322/SqFt
- Living: 1,050/SqFt
- Building: 1,050/SqFt
- Price Per Square Foot: $128.57
Legal Description
- Description: CANAL SQUARE CONDO UNIT 7 IMP ONLY
Building Insights
Land Information
- Property Type: Condominium
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Cape Henlopen School District
- Lat / Lon: 38.776524 / -75.13969
- Property Class: Residential
- Zoning: TN
- County Use Code: RC
Amenities
- Plus Four: 9417
- Bathroom Fixtures: 5
Ownership Info
7 Margate Ct has no associated ownership info
7 Margate Ct has no associated ownership info.
Taxes
7 Margate Ct has 9 associated Taxes items
7 Margate Ct, Lewes, DE pays taxes in Sussex County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $12,750. The APN we've located for 7 Margate Ct is 335-8.08-11.01-7.
Unlock the full reportTax History
7 Margate Ct has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $12,750 | Land Value | Improvement Value $12,750 | Tax Amount $1,325.06 | Change Rate +0.690775% | Assessed CR | Tax Rate +0.103926% |
| Year 2024 | Assessed Value $12,750 | Land Value | Improvement Value $12,750 | Tax Amount $783.7 | Change Rate | Assessed CR | Tax Rate +0.061467% |
| Year 2023 | Assessed Value $12,750 | Land Value | Improvement Value $12,750 | Tax Amount $783.7 | Change Rate +0.037024% | Assessed CR | Tax Rate +0.061467% |
| Year 2022 | Assessed Value $12,750 | Land Value | Improvement Value $12,750 | Tax Amount $755.72 | Change Rate +0.009309% | Assessed CR | Tax Rate +0.059272% |
| Year 2021 | Assessed Value $12,750 | Land Value | Improvement Value $12,750 | Tax Amount $748.75 | Change Rate +0.003014% | Assessed CR | Tax Rate +0.058725% |
| Year 2020 | Assessed Value $12,750 | Land Value | Improvement Value $12,750 | Tax Amount $746.5 | Change Rate -0.001431% | Assessed CR | Tax Rate +0.058549% |
| Year 2019 | Assessed Value $12,750 | Land Value | Improvement Value $12,750 | Tax Amount $747.57 | Change Rate +0.070618% | Assessed CR | Tax Rate +0.058633% |
| Year 2018 | Assessed Value $15,900 | Land Value | Improvement Value | Tax Amount $698.26 | Change Rate +0.044268% | Assessed CR | Tax Rate +0.043916% |
| Year 2017 | Assessed Value $15,900 | Land Value | Improvement Value | Tax Amount $668.66 | Change Rate +0.052792% | Assessed CR | Tax Rate +0.042054% |
| Year 2016 | Assessed Value $15,900 | Land Value | Improvement Value | Tax Amount $635.13 | Change Rate +0.046515% | Assessed CR | Tax Rate +0.039945% |
| Year 2015 | Assessed Value $15,900 | Land Value | Improvement Value | Tax Amount $606.9 | Change Rate +0.00742% | Assessed CR | Tax Rate +0.03817% |
| Year 2014 | Assessed Value $15,900 | Land Value | Improvement Value | Tax Amount $602.43 | Change Rate | Assessed CR | Tax Rate +0.037889% |